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. as you can see, stocks plunged. shortly after noon, senator scott brown posted on facebook of all things that he was headed back to washington because the president had reached out to the gop leadership with a proposal. then the markets bounced up a bit. but then cnbc's john harwood tweeted the white house denied skost brown's post and markets dropped again. thanks, john, for that. then came a late day surge on news that speaker boehner called the house back to washington, and late today we learned that the white house is holding a conference call with ceos on the status of the fiscal cliff negotiations. so maybe things will change once more again tomorrow. joining me now to discuss the business ramifications and what the markets think of all this, the editor of and msnbc contributor joy reid. >> hey, richard. >> hi, joy. do we also have fortune magazine's assistant, yes, excellent, managing editor, leigh gallagher. thanks for joining us, too. wall street seems to have been naive, maybe a little simplistic, about washington's ability to get the deal done. do you think they're
brown who does very well in special elections. he's the republican who stunned the world in 2010 and grabbed a seat. he lost it in the tough election this time around but in a special election, a low voter turnout, he'll be strong and we're not seeing much from the national democrats yet and i think they got a real problem here. >> frank, talk about that. because obviously if the democrats only -- and duval patrick wants someone interim in the post aend not run in the special election, wouldn't it make sense that person would gain the traction they need in a special election to face-off against someone with star power like scott brown? we look at the latest wbr poll with 58% favorable even after the bruising against elizabeth warren. do we know if he wants it? >> we don't know officially. his father died a couple of days ago so all attempts to get to him is put off and you saw him election night, came out and gracious and talked about coming back, the sub text there was there's a special election and farewell address to the u.s. senate, last couple of weeks ago, he said the same
. the brown and the gray. what are the differences between them and how are they clashing now that we get closer and closer to the fiscal cliff? >> the brown and the gray is a phrase i've been using for the last few years to describe the two giant generations that will shape american life in the coming decades. the brown is the millennial, the most diverse in american history. over 40% nonwhite. the gray is the aging baby boom which is joining the silent generation in a huge senior cohort that is 80% white. and they have very different political inclinations, preferences and different interests at stake in the fiscal cliff and budget negotiations. on the one hand, taxes verse spending and so does the kind of spending. discretionary spending mostly investments in the future. entitlement spending mostly income security for the older generation. >> so who benefits if we do cross the fiscal cliff? >> i think there is no question that getting the debt and deficit under control is in the interests of younger generations so they are not saddled with debt solely for our current consumption. but h
assistance. firefighters will begin using the systems in the field on january 1st. >>> governor jerry brown gave dozens of former inmates a holiday gift. on christmas eve, he pardoned 79 people who competed their sentences and had not reoffended within the last decade. most of those pardons were low- level offenses. they will be pardoned to serve on juries an in some cases own firearms. >>> under the revised three strikes law, in november, voters approved prop 36 which requires that a life sentence only be given for a third felony if it's a serious or violent crime. about 3700 prisoners may qualify for resentencing hearings and some inmates have already won their release. >>> a christmas eve storm is headed our way. rosemary will be back to tell us where and when the rain will hit. >>> and how san jose police officers are helping to spread christmas cheer. >>> here is a look at the senate bridge. you can see -- san mateo bridge. you can see traffic is moving nicely. we'll tell you about some free parking in san francisco -- coming up. >>> welcome back. san jose police are helping to make th
the charlie brown thing. >> clayton: some like the understated tree. some like this one. now germans are hoping to clone the perfect christmas tree using some science from the firs so they give off the perfect glow and have the perfect stem and foliage. >> ainsley: they don't have open spaces in between the branches. >> rick: they're saying a lot of the trees they grow, after ten to 14 years after all the weather that happens, a big percentage aren't any good. >> ainsley: send my father there. he'll buy them. my dad would always come home with the worst tree because he felt sorry for it. my mother would have to turn it around so the open spaces were in the back in the corner. >> clayton: he felt bad for a lonely tree? >> ainsley: yeah. i think really secretly the guy gave him a deal. that's really what it was about. >> clayton: it was in the discount section. >> ainsley: how about you? >> clayton: for a while my sister was allergic to christmas tree, so we had to do the artificial. i don't know if it was the pine, or i don't know what it is. >> ainsley: it's not pine sol. that's clea
irresponsible. jonathan, you look at the fact that they're not being honestabout it. senator scott brown wrote heading back to d.c. just learned the president reached out to senate gop leadership with a proposal. it is the first such proposal to be put forth. first proposal? the president put multiple proposals on the table. but he's not the only one, jonathan, that has said this. just listen to senator mcconnell today. listen to this. >> i say i'm a little frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months. the president chose to spend his time on the campaign trail. now, republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement. but we had no takers. >> just to be factual, on november 29th, the president made his opening offer to the gop. mcconnell actually burst into laughter. you can't laugh at a non-proposal. on november 17th, the president made a second offer with concessions on taxes and entitlement. so here's three occasions. yet, they claim no proposal. or this is the
play. former tackle brown on the left admitting intention missed a black so his own team's qb would get hurt. brown said he was upset scott mitchell was playing poorly in 1994. brown says now he completely regrets it. mitchell says this revelation is painful. >> kelly: painful indeed, his own teammate. >> juliet: yeah. >> kelly: talk about friendly fire. >> juliet: yeah, really. >> kelly: secretary of state hillary clinton finally expected to return to work next week. she spent the last three weeks recovering from a stomach virus and concussion that forced her to miss her date to testify in the benghazi attack that killed four americans in september. lawmakers say until hillary clinton testifies, they'll hold up john kerry has confirmation for secretary of state. >> eric: joining us now is sout carolina congressman and member of the house foreign affairs committee, mr. jeff duncan. good to have you on. first of all, why haven't we heard from hillary clinton? i understand concussions. i know them all too well. but really? three, four weeks now to testify? >> well, she needs
'm patti ann browne in for martha maccallum patti ann: local crews said there is only one thing that could have accused the damage. >> one thing they saw damage indicative of tornado damage. we had homes 90% destroyed. that doesn't happen with straight line winds. >> you have a lot of damage. people hurt and i went out with the skid steer. we rounded up equipment. we started opening the road for emergency vehicles and get ambulances in. it's a mess. gregg: we are live from "america's newsroom" to elizabeth prann. elizabeth? >> reporter: hi, gregg. yeah, very unusual time of year for such destructive storms. in fact damaging tornados across the southeast. strong winds as far as texas. folks were celebrating their christmas evening as storms left00 of thousands of without power at any given time. the system moved through parts of alabama, georgia, mississippi and parts of florida. the biggest city to be hit by numerous rare winter twisters as well as powerful straight line winds. forecasters say there could have been as many as 19 tornados that ripped through the area. trees and power lines
's legacy. senator scott brown who lost to elizabeth warren is considered to be the candidate for the case. he jumped pd into the freezing water to save a woman. she was struggling to keep her head above water. he swam out and used a life preserver to keep her afloat and they brought the woman and officer back to shore. >> and down there-- >> the woman said she fell into the water accidentally. she had hypothermia, but otherwise she's doing okay. thank goodness for our police officers. >> wow. >> alisyn: we've heard about strange criminals in the past, but this guy takes the cake. literally. police say dan bailey ran out of gas and tried knocking on a chicago family's door for help. when no one answered, he broke in making himself right at home and ate some coffee cake. >> clayton: was it drake's coffee cake? >> he even plugged in the christmas tree. wasn't he considerate? he does, he's feeling festive. it turns out the family was asleep the whole time. they woke to find him petting their cat. >> clayton: sounds like an adorable criminal. >> alisyn: he is an adorable criminal. police showe
's the superstar relationship that has hollywood asking are they or aren't they? chris brown, who beat his then girlfriend rihanna in 2009 said in october he's renewed his friendship with the singer but is it more than just friends? song collaborations and vague tweets from rihanna have suggested otherwise. >> they want to keep everyone guessing and don't want to explain what's going on with their relationship to anyone in the world. >> the jacksons, the family drama turning into one big reality show. >> more turmoil for the jackson family last summer as michael jackson's teenage daughter paris announced on twitter that her grandmother an guardian, katherine jackson, was missing. forcing a judge to suspend her guardianship of michael's three kids. >> katherine jackson is back home. she says she wasn't kidnapped. >> michael's siblings disputed the claim saying their mother was in arizona under doctor's orders. a judge restored katherine as permanent guardian of michael's children. whether it was a pleasure or guilty pleasure, audiences couldn't turn away from tlc's hit reality show "here co
donate $1 per month. thomas taylor brown tweets, child hit by rock at school. lastpierre calls for more rocks at school. has full supply in head. what will be next? armed guards at daycare centers, grocery stores? he's going down the road. no one wants to travel. finally, i don't want to live in a society that requires armed guards everywhere i go. there's a name for that -- prison. be sure to follow me on twitter. in today's then and now, how japan took a western classic and made it its own on this day back in 1986 incomes nightly news air ad story about the country's obsession with beethoven's "ode to joy." >> devoted hundreds of thousands of japanese are almost obsessed with mastering music and the german lyrics. they study and practiced for months in preparation for year-end concerts. ♪ public television features a weekly program with appropriate subtitles. >> 227 years after it was written the piece as beloved as ever in may performed by a flash mob in spain. this video got 8 million views on youtube. enjoy this, everyone. i'm going to. ♪ >> amber and marcy and paul started nor
: and brown bag it a little bit. i know my buddy was saying, i spend $10 a day picking up a coffee for myself and my wife. it's like 60 bucks a month. >> right. of that $10, $7, according to the "wall street journal," goes to rent and labor costs for the restaurants. it's no brainer. cut back on the restaurant bill. you can actually save money and do the math, reinvest it over the 20, 30 years you have ideally for an average worker now. that could add up to a mighty sum to put toward retirement. >> clayton: and almost pretend you're buying it by reinvesting it. taking that money and don't even pay attention to it. put it right into a savings account. >> yeah, buy stocks in it. >> clayton: finally, you talk about coming back on the -- cutting back on the cable and tv and phone. people think they need these extra digital phone services at home and might not. >> smart phone obviously -- this is your area, very competitive environment now for the smart phones, the google, samsung. these guys want to negotiate with you. the carriers in particular. there are a lot of consumers. so you could get a d
Search Results 0 to 11 of about 12